Does natural gas competition hurt SaskEnergy or its shareholder, the Government of Saskatchewan?
No. SaskEnergy does not earn any profit on gas sales. Its profit comes from the distribution rates charged to move the gas to your location, which SaskEnergy continues to earn when you choose a competitors supply. 8. How does the fixed price program work? Connect Energy enters into long-term fixed pricing arrangements with financial institutions and others and purchases large quantities of natural gas from Western Canadian gas producers. Connect Energy arranges to deliver that supply to SaskEnergy for distribution to customers at a fixed price for the length of the selected term. Approximately 2/3 to 3/4 of your bill is the cost of the natural gas. This is the portion in which there is potential for Connect Energy to save you money. The remainder of your bill covers regulated costs such as delivery and administration, and is the same regardless of who you choose to supply your gas. 9. When will my contract take effect? The contract will take effect on November 1st of the year in which
No. SaskEnergy does not earn any profit on gas sales. Its profit comes from the distribution rates charged to move the gas to your location, which SaskEnergy continues to earn when you choose a competitor’s supply. 8. How does the fixed price program work? Connect Energy enters into long-term fixed pricing arrangements with financial institutions and others, and purchases large quantities of natural gas from Western Canadian gas producers. Connect Energy arranges to deliver that supply to SaskEnergy for distribution to customers at a fixed price for the length of the selected term. Approximately 2/3 to 3/4 of your bill is the cost of the natural gas. This is the portion in which there is potential for Connect Energy to save you money. The remainder of your bill covers regulated costs such as delivery and administration, and is the same regardless of who you choose to supply your gas. 9. When will my contract take effect? The contract will take effect on November 1st of the year in whic
